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GTSolarPullbackBringsStrikingEntryPoint
From: Voxant Newsroom on Thu, Jul 14 2011 2:02 AM
Piper Jaffray believes GT Solar’s (NASDAQ:SOLR) fundamentals remain intact and recommends using the recent pullback in shares as a buying opportunity. The firm believes that GT Solar should be increasingly viewed as an LED Company more than a solar company and restates an Overweight rating on the...
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CitigroupRaisesApplePriceTargetto450from435
From: Voxant Newsroom on Thu, Jul 14 2011 2:02 AM
This morning, Citigroup (NYSE:C) raised its estimates for Apple’s (NASDAQ:AAPL) June, September and December quarters citing stronger than expected iPhone demand. The firm's June quarter estimate is now $6.34, making it comfortable owning the stock into the results. Citi calls Apple one of ...
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Floodingsevereweatherproblemsaboostforsomelocalbusinesses
From: Voxant Newsroom on Thu, Jul 14 2011 2:02 AM
Nina Sparano reports. KDVR 9PM, JULY 13, 2011
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HalliburtonAwardedContractfromChevronforIntegratedSer
From: Voxant Newsroom on Thu, Jul 14 2011 12:29 AM
Halliburton (NYSE:HAL) announced that it has been awarded a contract from Chevron (NYSE:CVX) for integrated services for shale natural gas exploration in Poland. Work on the initial shale gas exploration drilling program is expected to begin in the fourth quarter and the contract award is for thr...
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PitneyBowestoIncreaseInternationalMailingServices
From: Voxant Newsroom on Thu, Jul 14 2011 12:29 AM
In an announcement today, Pitney Bowes (NYSE:PBI) will increase international mailing services to assist U.S. customers deliver publications globally. PBI will currently serve as a publications center of quality shipping of magazines, trade journals, bulk newsstand shipments, and books for custo...
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NikeHitwithNewWorkerAbuseClaims
From: Voxant Newsroom on Thu, Jul 14 2011 12:29 AM
Nike (NYSE:NKE) is currently facing new claims of worker abuse in Indonesia. The reports in the claim say that workers work in distressed conditions at the Pou Chen Group factory, which makes Converse products.In an interview with the Associated Press, a 23-year-old female employee in the embroi...
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HarrisReceives16MOrderfromDepartmentofDefense
From: Voxant Newsroom on Thu, Jul 14 2011 12:29 AM
Harris (NYSE:HRS) has received orders totaling $16M to supply the Department of Defense with a range of Falcon II and Falcon III tactical communication systems. The DoD is acquiring the radios to provide ground forces with expanded interoperable voice and high-bandwidth data communications. Harri...
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MoodyswarnsofpossibleUSdebtdowngrade
From: Voxant Newsroom on Thu, Jul 14 2011 12:06 AM
Bond rating agency warns of possible U.S. debt downgrade
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DeutscheBoerseStillNeedsMoreVotesforNYSEEuronextMer
From: Voxant Newsroom on Thu, Jul 14 2011 12:06 AM
Deutsche Boerse said today that it’s still well short of the minimum amount of shareholder votes it needs to approve a tender offer tied to the company's proposed merger with NYSE Euronext (NYSE:NYX), according to a New York Times article. With several hours to go until the deadline of toda...
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UBSRaisedItsPTForElectronicArtsTo27MaintainedIts
From: Voxant Newsroom on Thu, Jul 14 2011 12:06 AM
UBS raised its price target for Electronic Arts (NASDAQ:ERTS) to $27 from $25 and maintained its buy rating on the stock.Electronic Arts is currently above its 50-day moving average (MA) of $23.07 and above its 200-day of $18.71.In the last five trading sessions, the 50-day MA has climbed 1.11% ...
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AmazonandATTtoSellCheaperVersionofKindle
From: Voxant Newsroom on Thu, Jul 14 2011 12:06 AM
Amazon (NASDAQ:AMZN) announced on Wednesday that AT&T (T) has agreed to sponsor the Kindle 3G reader.The Amazon Kindle 3G lets users to purchase electronic books currently costs $189. With the sponsored AT&T device it will cost $130 and will include built-in advertisements on its screensavers.Las...
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TransatlanticHoldingsConfirmedItReceivedAnUnsolicited
From: Voxant Newsroom on Thu, Jul 14 2011 12:06 AM
Transatlantic Holdings (NYSE:TRH) confirmed that it has received an unsolicited proposal from Validus Holdings (NYSE:VR) to acquire all of the company’s outstanding shares of common stock.Transatlantic entered into a definitive merger agreement with Allied World Assurance Company Holdings under w...
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UBSLoweredItsPTForAmgenTo58MaintainedItsNeutral
From: Voxant Newsroom on Thu, Jul 14 2011 12:06 AM
UBS lowered its price target for Amgen (NASDAQ:AMGN) to $58 from $59 and maintained its neutral rating on the stock.Amgen has a potential upside of 16.4% based on a current price of $57.01 and an average consensus analyst price target of $66.33.Amgen is currently below its 50-day moving average (...
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ExcoBoardRejects4BOfferBuyout
From: Voxant Newsroom on Wed, Jul 13 2011 11:55 PM
Exco Resources Inc. (NYSE:XCO), rejected a $4 billion offer from Chief Executive Officer Douglas H. Miller and is ending its process to search for a buyer after getting no offers that were in the shareholders' interest.Miller completed a cash offer of over $4.4 billion, or $20.50 a share fo...
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ATTToProvideMobileBroadbandforSonysUpcomingTablets
From: Voxant Newsroom on Wed, Jul 13 2011 11:55 PM
AT&T (NYSE:T) announced Wednesday that they will be the exclusive U.S. mobile broadband carrier for Sony’s (NYSE:SNE) upcoming two-screen tablet called the S2, which opens and closes like a clamshell. The S2 is set be released later this year.AT&T's Vice President, David Haight said the S2 ...
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HewlettPackardHopestoShip12MillionNotebooksinQ3
From: Voxant Newsroom on Wed, Jul 13 2011 11:55 PM
Technology company Hewlett-Packard (NYSE:HPQ) reportedly inisited its suppliers to ship 12 million notebooks in the third quarter of 2011. The company has become optimistic about the third quarter due to a realignment of their top management.Hewlett-Packard has a potential upside of 23.3% based o...
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MorningMarketSnapshotJuly132011
From: Voxant Newsroom on Wed, Jul 13 2011 9:49 PM
Good Morning. It’s Wednesday, July 13, 2011. At this hour, U.S. equity futures are higher. Overseas, the Asian markets advanced, while the European markets are up. Electronic Arts (NASDAQ:ERTS) announced an agreement to acquire PopCap Games, a leading provider of games for mobile phones, tablets...
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MusicandFashionandHipHopintheNewMovieATRIBE
From: Voxant Newsroom on Wed, Jul 13 2011 9:49 PM
A Tribe Called Quest has it all int he world of music and hip hop. It is music, fashion and story telling of the beginning of a new music era. We think this film is really interesting and it is a multiple award winner. So we say CHECK IT OUT on Celebrity Wire Music News
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UbisoftAcquiresOwlienttoExpandOnlineServices
From: Voxant Newsroom on Wed, Jul 13 2011 8:06 PM
Ubisoft announced yesterday that is has acquired free-to-play game developer Owlient. According to an Ubisoft press release, Ubisoft hopes the acquisition of the internet-based gaming company will expand their online expertise and infrastructure to help increase their presence online.Yves Guille...
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PayPalRevealsNFCPaymentforAndroidPhones
From: Voxant Newsroom on Wed, Jul 13 2011 7:42 PM
Electronic payment company, PayPal revealed a new function which allows Android users to make payments to each other by tapping near field commuincation enabaled devices (NFC).The payments work through a PayPal application that lets a user to request or transmit money. A user enters the transact...
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